Bank Of Baku

Azerbaijan-based banks’ assets rise in August

Azerbaijan-based banks’ assets rise in August
# 29 September 2010 14:25 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of September 1, 2010, Azerbaijan-based banks’ assets stood at AZN 11 979.48 mln.

CBA says this index was up AZN 314.31 mln or 2.7% from the beginning of 2010. In August, assets increased AZN 160.19 mln or 1.4%.




The loan given to customers made AZN 8 271.8 mln (Share 69.05%), correspondent accounts was AZN 750.8 mln (6.27%), investments – AZN 903.3 mln (7.54%), cash – AZN 446.55 mln (3.73%), loan and deposits given to financial sector – AZN 501 mln (4.218%), other assets – AZN 1 1106 mln (9.23%).

82.36% of commercial banks’ passives was liabilities. The liabilities made AZN 9 866.12 mln. Of this, AZN 4 551 mln was deposit, AZN 4 717.2 mln loans and deposits from financial sector, AZN 597.9 mln – other liabilities.
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